Magnite, Inc. Common Stock
$25.15
Market Cap
$3.61B
Shares Outstanding
143.4M
Primary Exchange
XNAS
Currency
USD
Type
CS
IPO Date
Apr 2, 2014
Round Lot
100
Locale
US
Day Open
$26.11
Day High
$26.35
Day Low
$25.02
Volume
3.59M
VWAP
$25.28
Prev Close
$25.63
Transactions
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Acc. Volume
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Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
Magnite, Inc. Common Stock (MGNI) closed the 2026-09-18 session at $25.15, down 1.87% versus the previous close (-0.48). The stock opened at $26.11 and traded between $25.02 and $26.35 during that session. Session trading volume was 3.6M shares. The volume-weighted average price (VWAP) is $25.28.
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
Magnite, Inc. Common Stock has a market capitalization of $3.61 billion. The company operates in the SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. industry classification. MGNI is listed on the XNAS exchange. The company employs approximately 971 people. Magnite, Inc. Common Stock is headquartered in NEW YORK, NY. The recorded listing date is 2014-04-02.
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